As reported by the Express, Real Madrid have been offered the chance to sign Alexis Sanchez, who wants to leave Arsenal and has grown tired of waiting for Manchester City to make a bid.
His agent is looking for alternative destinations for the 28-year-old, and he went to the offices at the Bernabeu to try to persuade Florentino Perez to accept the proposal.
At another time, Real Madrid's chairman would have signed the Chilean in a heartbeat, but Zidane has no intention of breaking up the dressing room to make room for Sanchez.
Following Real Madrid's rejection, the Arsenal man now hopes Manchester City will take a step forward to close his move to the Etihad, though Wenger is reluctant to let him join a Premier League rival.